The Sportslocker Store Limited

The Sportslocker Store Limited, based in Haslemere, UK, is a small, active family business founded ten years ago in 2014. With a real address and two directors (Jones Peter and Jones Julia Jane) at the helm, the company employs ten people and holds £490,691 in assets. It's a regular importer of clothing and accessories, not knitted or crocheted, with nine months of import activity recorded. The firm boasts a Google rating of 4.0 based on 55 reviews.

The company operates a traditional sporting goods store, offering a wide range of specialist equipment including cricket, rugby, and tennis gear. Its website highlights two standout activewear brands, Athlecia and Virtus, emphasizing performance, comfort, and sustainability. The store also offers a loyalty scheme and caters to local schools like Bedales.

Financially, The Sportslocker Store Limited shows some concerning trends. Current assets have decreased by 8.4% to £490,000, while net assets have fallen by 11% to £410,000. Operating profit has plummeted by 91%, dropping to just £6,000. Bank borrowings have increased, and cash reserves have declined. Creditors, however, have decreased slightly, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

Overall, The Sportslocker Store Limited appears to be facing financial pressures, despite its strong Google rating and established presence in the local community. The decrease in profits and decline in cash reserves are cause for concern, though the decrease in creditors is a positive sign. Whether the company can weather these challenges remains to be seen.

Registered in England/Wales under the registration number 09117193, with a registered address at GU10 1PX, England, Farnham, C/O Business Additions Sandy Farm Business Centre,, Sands Road, The Sands.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.